Plans in hand for major European transport investment

The European Commission is allocating the first portion of funds dedicated to the EU transport network. This first tranche is worth some €12 billion. The funds will go towards innovation, inter-modality and inter-operability. CEF, the Connecting Europe Facility, will allocate €26 billion in the period from 2014 to 2020 for transport infrastructure.
April 8, 2014 Read time: 1 min
The 2465 European Commission is allocating the first portion of funds dedicated to the EU transport network. This first tranche is worth some €12 billion. The funds will go towards innovation, inter-modality and inter-operability. CEF, the Connecting Europe Facility, will allocate €26 billion in the period from 2014 to 2020 for transport infrastructure.
Finance & Funding

For more information on companies in this article

Related Content

  • Vietnam’s Government proposes novel traffic control concept
    March 14, 2013
    Vietnam’s Government is proposing novel measures to control traffic volumes across the country. The first of these is an allocation of 16%-26% of urban areas for the setup of new traffic infrastructure. Another measure is a proposal to limit the number of registered vehicles on the country’s roads. This would result in a limit of around 3.5 million trucks, buses and cars, as well as 36 million motorcycles by 2020. The limits would allow for growth in the vehicle population, which is expected to continue as
    Read More
  • CECE equipment manufacturer’s conference in Berlin looks ahead for construction market growth
    October 29, 2012
    The construction equipment market has been hit hard in Europe and further afield, with economic uncertainty slowing orders. But there is light on the horizon. A range of key industry speakers made presentations at the recent Committee for European Construction Equipment (CECE) congress in Berlin, outlining prospects for the next few years in Europe as well as around the world.
    Read More
  • New East Africa highway connecting Kenya, Tanzania, South Sudan
    June 8, 2016
    East African countries continue to implement a road Master Plan developed jointly under the East African Community initiative and which aims at integrating the region’s transport corridors to meet the growing demand for road transport by the increasing intra-regional trade and vehicular traffic. Kenya has for example unveiled a US$280 million road rehabilitation project to improve its links with Tanzania and South Sudan with the backing of the African Development Bank (AfDB). Rehabilitation of the 172
    Read More
  • Construction growth Italy: upwards but slower
    January 31, 2020
    Construction investment in Italy will grow between 2020-2021, albeit at a slower pace than 2019, according updated estimates by the SaMoTer-Prometeia Outlook.
    Read More

Highlighted Content